COVID-19 Exchange Special Enrollment Period Extended

From: Benefits

COVID-19 Exchange Special Enrollment Period Extended

Transcript:


Legal Update:

COVID-19 Exchange Special Enrollment Period Extended

On March 23, 2021, CMS extended a special enrollment period (SEP) through federal Exchanges due to the COVID-19 pandemic for an additional three months.

This SEP is now available through Aug. 15/ 2021, via www.HealthCare.gov to all new and existing Echange-eligible consumers. States using their own Exchange platforms are encouraged to make a similar SEP available in their states.

As a result of the American Rescue Plan Acts, additional premium cost savings is available through the federal Exchange starting April 1, 2021, that may lower premium costs or allow individuals to enroll in a higher-level plan at the same cost.

Also, beginning in early July, consumers who are eligible for unemployment compensation for any week during 2021 may be eligible for additional cost savings through the Exchange.

Consumers seeking to take advantage of this SEP can find out if they are eligible by visiting www.HealthCare.gov. Consumers will generally have 30 days after they submit their application to choose a plan.

For more information Contact Us today.